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Contract TypeContract TypeSeasonal
Workplace typeWorkplace typeOn-site
LocationLocationDammam
Join SDEC as a Cost Accountant!
Are you ready to contribute to a leading equipment distributor and custom industrial equipment solution provider? At SDEC, our culture is characterized by high customer orientation and a long-term view of relationships. We invite applications from candidates with a robust background in cost accounting, particularly in the heavy engineering sector, to support our genset manufacturing division.

Job Purpose:
The Cost Accountant will manage and analyze all aspects of costing within our manufacturing and sales operations in the power industrial sector. This role is vital for ensuring accurate product costing, profitability analysis, and cost control, supporting strategic decision-making, pricing, and enhancing operational efficiency.

Main Responsibilities:
  • Product & Manufacturing Costing: Review standard costing models, monitor Bills of Materials (BOMs), and conduct cost variance analysis.
  • Inventory & Procurement Cost Control: Monitor valuations of raw materials, work-in-progress, and finished goods, aiding procurement with cost-saving initiatives.
  • Sales & Margin Analysis: Prepare profitability analyses and assess margins impacted by dealer discounts and freight costs.
  • Budgeting & Forecasting: Assist in annual budgeting, perform scenario analyses, and conduct break-even analyses.
  • Compliance & Reporting: Ensure compliance with cost accounting policies, support internal audits, and prepare management reports on cost performance.

Qualifications & Relevant Certifications:
  • Bachelor’s degree in Accounting, Finance, or related discipline.
  • Preferred professional qualification (CIMA, CMA, ACCA, or equivalent).
  • 3–5 years’ relevant experience ideally within manufacturing or heavy engineering environments.
  • Familiarity with ERP systems (SAP, Oracle, Microsoft Dynamics).
  • Strong MS Excel and financial modeling skills.

Knowledge, Skills & Experience:
  • Solid understanding of costing methodologies and analytical skills with high attention to detail.
  • Strong communication skills to present insights effectively.
  • Ability to work under pressure and meet deadlines.

Success in this role will be assessed based on accuracy of product costing, quality of cost reports, and contributions to gross margin improvements. We look forward to your application!

Requirements

  • Requires 2-5 Years experience

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